Pai 🌲|Jul 06, 2026 09:38
MINA dropped 10% in four hours with one red candle. Opened at 0.0526, now at 0.0474.
The trend was super strong before the dump, all timeframes were pumping, then one high-volume red candle ruined everything.
I triple-checked to make sure it wasn’t a data error.
BTC only dropped 1.3%, but altcoins are collectively weak-kneed. FOMC minutes coming out this week. Vitalik says this is the biggest overhaul for Ethereum since the Merge. Brandt wants to sell BTC for gold. Narratives are shifting, and the money is moving out first.
Resistance above: 0.052, 0.057. Support below: 0.047. If it breaks, watch for 0.040.
Honestly, I don’t dare to buy the dip. Let’s wait until FOMC is over.
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